Mexico - Polyacetals In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyacetals Price in Mexico Drops to $3,741 per Ton
Mexico Polyacetals Import Price in November 2022
In November 2022, the polyacetals price amounted to $3,741 per ton (CIF, Mexico), which is down by -3.4% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 an increase of 6.5% against the previous month. Over the period under review, average import prices hit record highs at $3,873 per ton in October 2022, and then fell slightly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,664 per ton), while the price for Malaysia ($2,411 per ton) was amongst the lowest.
From January 2022 to November 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Mexico Polyacetals Imports
In November 2022, approximately 2.6K tons of polyacetals in primary forms were imported into Mexico; waning by -16.3% on the previous month. Over the period under review, imports saw a mild slump. The most prominent rate of growth was recorded in March 2022 when imports increased by 27% m-o-m. Over the period under review, imports attained the peak figure at 3.6K tons in April 2022; however, from May 2022 to November 2022, imports failed to regain momentum.
In value terms, polyacetals imports fell rapidly to $9.6M (IndexBox estimates) in November 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2022 with an increase of 36% month-to-month. As a result, imports attained the peak of $13M. From April 2022 to November 2022, the growth of imports failed to regain momentum.
Mexico Polyacetals Imports by Country
In November 2022, the United States (1.5K tons) constituted the largest polyacetals supplier to Mexico, with a 59% share of total imports. Moreover, polyacetals imports from the United States exceeded the figures recorded by the second-largest supplier, South Korea (385 tons), fourfold. Malaysia (255 tons) ranked third in terms of total imports with a 10% share.
From January 2022 to November 2022, the average monthly rate of growth in terms of volume from the United States stood at -1.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: South Korea (+3.3% per month) and Malaysia (-2.3% per month).
In value terms, the United States ($6.3M) constituted the largest supplier of polyacetals to Mexico, comprising 66% of total imports. The second position in the ranking was held by South Korea ($1.1M), with an 11% share of total imports. It was followed by Germany, with an 8.5% share.
From January 2022 to November 2022, the average monthly growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: South Korea (+4.8% per month) and Germany (-1.7% per month).
Factors Affecting Polyacetal Prices
Polyacetals are thermoplastics that are commonly used in various industries, including automotive, electrical, and consumer goods. In recent years, the price of polyacetals in Mexico has experienced growth due to several factors that have affected the market trends.
One of the main factors contributing to the price growth of polyacetals in Mexico is the increasing demand from various industries. The automotive industry, in particular, has seen a significant increase in demand for polyacetals due to their high strength and resistance to wear and tear. This has resulted in a shortage of polyacetals in the market, leading to price growth.
Another factor that has contributed to the price growth of polyacetals in Mexico is the increase in the cost of raw materials used in the production of polyacetals. The cost of raw materials, such as formaldehyde and acetaldehyde, has increased due to various reasons, including the shortage of supply, increased demand, and transportation costs. This increase in raw material costs has directly impacted the production cost of polyacetals, leading to a price increase.
This report provides an in-depth analysis of the polyacetals market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20164013 - Polyacetals, in primary forms
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023